Unfortunately, we will either watch a big slaughter in the markets or relax as soon as possible, I hope this is a fakeout situation...
$MSFT Beautiful double bot on the weekly. The green candle closing this week will trigger double bot traders to enter long. Setting itself up for a multi-week rally ahead.
if we see a breakout from the downtrend, given the bullish RSI divergence printed on 4h chart and the double bottom pattern which formed in the last days, we can expect a good 15% move up what do you think?
Dogecoin Long Trade with Price Targets (1 Hour Chart) Chart Patterns & Price Targets: Bull Flag - 0.1680 Double Bottom - 0.1638 Inverse Head & Shoulders - 0.1578 (Green support zones) (Red Resistance area)
Lovely double bottom set up on gbpusd 2 to 1 RR at current level although my entry was just under
There is an overall uptrend Price broke out of bull flag pattern Came back to retest and formed a double Bottom on retest So we have upside opportunities
Hello everyone Good title,right? On daily chart on DYDXUSDT, we have good amount of structure and context for a reversal. I know many people may say" that's a bear flag right there ", yes with a pinbar rejection and a weekly wedge and higher lows. That's why the price is more likely to touch the 4.55$ or the bottom trend line again ( because of the...
Hello everyone After a red bar with a long shadow on weekly on BNBUSDT, now we have started the new week with another red one.On daily chart, we can see a long shadow that touched the weekly trend line and came back, which is a good thing and with the today's candle we can expect a double bottom, which can turn into a High 2 on a trading range and a good buy...
A follow-up detail on the EURJPY that was published earlier today (see link below for reference purposes) where we expected the price to come down into the key level area at 137 area. At current structure is supporting a reversal pattern right above this key level where we want to be looking for an opportunity to buy the Euro. Risk Disclaimer: Margin trading in...
the USDCHF price breaks the resistance level ,the old resistance becomes new support ✔ i predict a bullish move (ABCD PATTERN) 🚀 TARGET: 0.95789 🎯 if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
We could see this coin go up 100s of percentage points from here if this Bullish Shark and Weekly Double Bottom with Bullish Divergence Plays out.
As we continue to monitor the Gold chart for bullish opportunities; the appearance of a reversal set-up on the 4H timeframe signals the beginning of a potential reversal in the near future. Let's see how price action responds to this structure in the next couple of hours or days. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity...
Double Bottom || XAUUSD || H1 ------------------------------
According to chart analysis, We can see a bullish trend and a double bottom but there is a resistance that needs to be broken, and make sure to ride the trend because there is a bearish divergence on RSI. Plan A: Long Entry: 7613.3 (Current) SL: 7524.6 TP: 7755.6 Plan B: Long Entry: 7663.4 SL: 7561.4 TP: 7904.3
The price got a bounce on the 1.272 Fibonacci ext on the daily timeframe and the price created a double bottom on this level on the daily support (0.117$) On the 4 timeframe the price got a rejection from the weekly resistance around 0.13$ How to approach? The price needs to grab liquidity and flip the 4h resistance on 1.125$ with volume and momentum, ...
After our previous analysis GBPUSD broke above the 1st structure and is retesting the support as expected. The price has now another minor structure above around the 1.30700 level. How can i approach this scenario? If the market during the EU session will break above the upper structure we will consider a nice long order according to the Plancton's strategy...
GBPUSD on the 4h chart created a double bottom over a support area. The price bounced over the area and tested the upper trendline of a descending channel and then retrace support area once again. How can i approach this scenario? I will wait for a potential move to the upside and a break above the structure level, in that case, i will consider a nice long order...
According to chart analysis, it is in a bearish trend because of the trendline but the divergence is bullish in RSI and the falling wedge, Double Bottom is detected. Plan A: Long Entry: 1.08361 SL: 1.08131 TP: 1.09138 Plan B: Short Entry: 1.9222 (Current) SL: 1.08213 TP: 1.07549 Plan C: Short Entry: 1.07569 SL: 1.08131 TP: 1.06806